My Life Can Hang

Just looking at their list of investors in the F round, you can understand a thing or two.

In the domestic Internet circle, there are only a handful of scenes where Teng Xun and Ali invest at the same time.

This has to admit Liu Qing's financing ability.

The financing amount of 45 billion US dollars, the bank loan of 25 billion US dollars led by China Merchants Bank, and the 3 million US dollars debt investment of Kang'an Bank.

With so much capital, Cheng Wei is naturally eager to expand the boundaries of Didi.

The taxi-hailing software market in Southeast Asia immediately became his first choice for expansion.

However, Grab is also the leader of taxi-hailing software in Southeast Asia, and there is no way to avoid it.

Since it cannot be avoided, find a way to increase the stake in Grab.

The first SoftBank dared not move, and could only contact Chen Dongcheng, the second largest shareholder.

Cheng Wei planned to skip Grab first and asked, "Since you don't plan to sell your equity now, you will always accept our investment in Qingju Bicycle, right?"

"What's the point of just investing, are you interested in buying a green orange bicycle for fun?"

Chen Dongcheng suddenly threw a nuclear bomb at Cheng Wei, causing Cheng Wei to be stunned on the spot: "You want to sell green orange bicycles?"

"Why can't you sell it?"

Chen Dongcheng began to confuse Cheng Wei: "First of all, Didi needs to further develop in the field of travel.

Qingju Bicycle can enrich Didi’s travel scenarios and analyze travel big data.

Secondly, I heard that there are some moves on the magnesium group, and they seem to have a lot of ambitions in the field of travel. "

Cheng Wei frowned suddenly. He had long regarded the travel field as his home base.

No matter who dares to reach out to this field, Cheng Wei will definitely chop off his hand.

However, Chen Dongcheng's proposal really made Cheng Wei a little tempted.

It seems not impossible for Didi to buy Qingju Bicycle.

chapter 330. 329

Cheng Wei was fascinated by his thoughts unconsciously, and it took a long time to realize that he was being led astray by Chen Dongcheng.

He just wanted to get involved in bike sharing, but Didi does have ambitions for sharing bikes.

Compared with ofo, which has a higher damage rate, Cheng Wei prefers Chen Dongcheng's green orange bicycle.

Even if ofo and Didi are in the capital, Cheng Wei's first choice is not ofo, but to come to the magic capital to meet Chen Dongcheng.

Cheng Wei attaches so much importance to the field of shared bicycles, of course, it is not decided by patting his head.

Don't forget that China is the kingdom of bicycles. There are definitely more users who ride bicycles for short trips than users who take taxis.

Therefore, when the daily active users of bicycles are approaching Didi, the threat to Didi increases sharply.

The financing of Internet companies is better than whoever tells the story.

In the stories told by Qingju Technology in the following rounds, in addition to the global occupation of other cities, the users who can cover Didi at any time can also interest many investors.

As for the launch of Qingju Technology's car-hailing service, isn't that just a matter of subsidizing another round of taxis and chauffeurs?

Cheng Wei had already seen it clearly from the years of taxi-hailing wars.

Chinese users are the least loyal to this kind of standardized service.

Whoever subsidizes the most will go with whoever.

When Didi and Kuaidi fought to the death, it was not because this standardized service was very difficult to cultivate user loyalty.

Including Uber Huaxia, which was recently won at a heavy price, for the same reason.

As long as you are willing to subsidize, there will be no shortage of users.

If you do not acquire the other party, you will have to be dragged down continuously.

It is no exaggeration to say that the biggest competitor of Didi in the future is almost Qingju Technology.

For those investment institutions who missed Didi, bet on Qingju Technology, whose valuation is less than 1/5 of Didi.

The investment pressure is less, and the profit prospects are greater.

Moreover, the user data of the two are gradually approaching, and Qingju Technology may surpass Didi at any time. It is worth taking a gamble no matter what.

Cheng Wei was aware of this danger and planned to support a company in the field of shared bicycles.

As for making your own bike?

Cheng Wei didn't think about it, the main market structure has already been formed.

Didi do it yourself, it is difficult to achieve any effect.

There is only one way in front of Didi, pick the one with the most potential to invest a sum of money, and gradually gain the right to speak to this bike-sharing company.

Cheng Wei coughed: "ofo contacted us not long ago, but I rejected it."

"Why refuse?"

Chen Dongcheng asked in cooperation.

"Compared to the dolls of ofo who started out on campus, I trust Zhao Yin, a veteran of the mall, and a vicious investor like you."

Cheng Weiyu added with a smile: "Of course, market share is also very important to me.

The market share of Qingju bicycles has been maintained at the level of 50%.

Although ofo and Mobike have recently gained momentum.

But this gap, I don't think the two of them can catch up. "

There are too many players sharing the bicycle track, and there are also many investment objects for Didi to choose from.

Cheng Wei and Liu Qing chose Qingju Bicycle without hesitation. It was rare for them to reach a consensus on this point.

Chen Dongcheng got up and walked to the desk, flipped through the documents for a while, took out a document, and handed it to Cheng Wei.

"Show me?"

Cheng Wei opened the file curiously, and his face changed drastically.

This document, the bold font on the first page is very harsh.

"Report on the application of Qingju Technology to change its name to Qingju Travel".

"Qingju travel?"

Cheng Wei frowned, and when he saw the word "travel", he realized that something was wrong.

It is a trivial matter to change the name of Qingju Technology, but the name change is similar to that of Didi. Isn’t that why it came from Didi?

Cheng Wei looked up at Chen Dongcheng and found that Chen Dongcheng smiled at him so calmly.

It was clear that the air conditioner was on in the office, but Cheng Wei felt that his back was soaked.

What shocked Cheng Wei the most was that Chen Dongcheng handed him the document in such a grand manner, not afraid that he would be on guard.

However, in the taxi market, it is useless to be on guard.

If Qingju Technology really sets up a special car business, it will definitely gain the enthusiasm of investors.

They don't mind taking a gamble on Qingju Travel to see how well Qingju Travel is.

"Look at this one too."

Chen Dongcheng took another document to Cheng Wei, which said that after the name change of Qingju Technology, a special car business line will be added.

At the same time, it actively raised D-round financing, raising the D-round valuation to $40 billion.

Take out half of the D round of financing, which is 2 million US dollars to subsidize users.

Seeing this, Cheng Wei doesn't have to look anymore.

Cheng Wei asked with an ugly face: "Dongcheng, do you want to beat me to the death?"

"Of course not, this is just an application report submitted by Zhao Yin.

I personally prefer to avoid this war.

But sometimes, we are always pushed away.

The market for shared bicycles is already saturated, and it does not make much sense to subsidize it with several other companies.

After Qingju Technology changed its name to Qingju Travel, it is bound to give generous subsidies to the special car business.

I have a Cao Cao payment in my name, and I need to take the opportunity to develop.

I don't mind letting Cao Cao pay more for Qingju's travel allowance. "

Chen Dongcheng saw Cheng Wei's face turning black and continued to make up for the knife.

"However, Didi has a lot of money, so I asked Cao Cao to pay the first subsidy of [-] million US dollars.

After the subsidy is over, Qingju Travel should be able to get a share of the taxi market share.

Let other investors see that the green orange travel prospects are good, and the confidence in investment should be stronger. "

"okay."

Cheng Wei couldn't listen anymore, and said angrily, "I know what you mean, I have to discuss it with Liu Qing."

"I'm not in a hurry, but Wang Xing of the magnesium group has been in contact with Zhao Yin recently, so you have to be careful."

"Wang Xing?"

Cheng Wei was a little puzzled: "Why did he contact you?"

"Who knows, maybe he has some ambitions for travel.

If Magnesium wants to survive, it has to keep developing its business, and sharing bicycles is an inescapable part of them. "

Chen Dongcheng smiled: "After all, there is food, drink, and fun, so there's no way to be vacant, right?"

Cheng Wei woke up instantly.